how much does a nascar driver make a monthhow much does a nascar driver make a month

How Much Of The Prize Money Do NASCAR Drivers Get? NASCAR Cup Series drivers go through up to 12 sets of tires per race, meaning that an entire race could cost a NASCAR team over $20,000 in tires. They can also recall seemingly mundane details and statistics at a moment's notice, which is not easy to do. Simply put, that means the drivers at the top arent eating up a disproportionate amount of the sports money. The median salary alone for NASCAR is $1.5 million. DC Solar filed for bankruptcy in February. Has A NASCAR Driver Led Every Lap Before? NFL players average in size anywhere from 5-foot-11 and 193-pounds (cornerbacks) to 6-foot-5 and 315-pounds (offensive line), while the average NASCAR driver is not quite 5-foot-10 and weighs on average 180 pounds, and any drivers who weigh less have to add 10 pounds to their car for every 10 pounds down to 140. The other standings have changed significantly. At first glance, the question of how much a NASCAR driver makes may seem like it has a fairly straightforward answer, but the truth tends to be a bit more complicated. Just in case you need a simple salary calculator, that works out to be approximately $27.16 an hour. 5. And, the NASCAR drivers also earns money from winnings, merchandise money and endorsements mainly. In 2014, the Department of Economics at UNC-Charlotte conducted an in-depth data study on the importance of the pole position in auto racing and NASCAR. As of the 2022 season, a five-speed sequential gearbox is used in a rear-mounted transaxle. 10. $14.6 million of that money comes directly from salary and winnings, with the rest from endorsements. And you dont have to win at the Cup level to draw big bucks; Casey Mears and Brian Vickers, were in high demand (sans a Cup win) when their contracts expired. While there are substantial risks to racing (Dale Sr. died on the race track), the pay is still impressive. After failing to reach Victory Lane in 2018, Hamlin started this year with a bang, capturing his second career Daytona 500 (his first Daytona was in 2016). Johnson is Nascar's highest-paid driver for the second time in three years. Thats $14.6 million from salary and winnings and $9 million from endorsements. The Hendrick Motorsports haulers are always full of snacks for the team members -- and occasionally sunscreen. Jimmie Johnson is the highest-paid Nascar driver of all time. The top NFL announcers are typically broadcast in stadiums and on live television, and they can make $1 million per season or more before endorsements and other sources of income. Top paid NBA, MLB and NFL players generally earn about twice the total money of a NASCAR driver in the highest salary bracket. Max Verstappen currently takes home about USD$25 million, for example, whilst AlphaTauri driver Yuki Tsunoda earns approximately USD$750,000. Merchandise sales for Harvick and the No. How Much Skill Does It Take To Drive NASCAR? The desire part is easy. Various sources report that announcers employed by NASCAR make just under $40,000 per year. 4 car gets hefty sponsorship thanks to his consistent performance over the past decade, which includes top three finishes in the overall Cup standings seven of the past nine years. Kyle Busch became the highest-paid NASCAR driver when he won the 2019 Cup Series. You May Also Like- When does NASCAR start in 2021? How much does it cost to run a NASCAR truck? Why Do NASCAR Drivers Swerve Before The Race? According to, nascar.com, In a Jan. 17 New York Times report, Ford Racing head Dan Davis called Toyota predators, claiming he had heard (Michael) Waltrip signed (Dale) Jarrett for $20 million, and that another Toyota team, Red Bull, lured engineer John Probst from Ford by doubling or tripling his salary., A lot of them are cracking the six-figure mark for certain teams, and with Toyota swooping in with offers, team salaries are going to keep rising. Various sources report that announcers employed by NASCAR make just under $40,000 per year . His licensed merchandise sales were highest among all drivers in 2018. Clint Bowyer finished 7th and got $437,178, and so on. Transportation services for hauling multiple cars are typically charged by the mile. 2. This is a tough job. NASCAR and F1 drivers earn their cash in slightly different ways, and the organizations have different opportunities. From 2006 to 2015, the race earnings revenue dropped by about 50%. The typical driver makes over $1.5 million a year. Must comply with all laws and regulations related to operating commercial vehicles. The 10 top-earning drivers made $116 million combined last year from salaries, endorsements and their share of race winnings and licensing revenue. "In Formula One and in Indy cars, tobacco money was a big part of things; it paid for so much of the racing and as a knock-on effect, the driver salaries. NASCAR driving is a fairly demanding profession that requires peak physical condition, split-second decisions, and quick reaction times. Rookie Road may earn a commission when you buy through links on our site. A job as a rookie mechanic can bring in an average salary between $45,000-$65,000 per year. twitter 1.1K 989 redditads Promoted 6. These kinds of experts are usually very good at math and logic and are able to solve complex problems. Yet in the NASCAR world, average and typical are the same. Racing gas is leaded, 104 octane. There are no LeBrons or Ortizs blowing out the curves. However, exacting skills take time and experience to master. Unlike stick-and-ball sports where revealing the annual salaries of the players is almost expected, that odd practice has never been adopted in motor racing, but with a bit of historical context and a few pieces of information made public throughout the years, it's clear that the money on offer to drive in F1, Indy cars and even sports cars is married to the strength of the dollar, pound, yen and euro. Thats a total of $25 million. If they're part of a winning team, they can get an extra $500 per race. Compare that IndyCar winner's annual pay to what Miami Heat star LeBron James takes home for an 82-game season: $17,545,000. She earned a total of $13.8 million from all sources in 2015. Wins can net $100,000 or more per race, but if a driver wants to obtain a multimillion-dollar salary, they have to win consistently and become a crowd favorite. Professional Driver. Once you acquire enough knowledge and experience with the team, you can get a base salary of $1, 00,000 per year. While exact numbers might be hard to come by these days, the methodology to decide the pay is known. You can earn $100,000 or more a year as a truck driver. But in addition to the check, the winner also gets this . Video of the Day. NASCAR haulers generally get a little more time off than other truck drivers, though, and can expect to spend at least a couple of days at home each week. The 2017 Cup champion landed on his feet with a multi-year deal with Joe Gibbs Racing. This makes their early earnings in the. Finally, there are endorsements and licensing, through which the best and most popular racers can earn a few million dollars annually. How much does a tire changer make on a NASCAR team? Party Bus Driver. Leading up to the 2020 Daytona 500 was setat a mind-boggling $23.6 millionbefore the race a record for the sport and the first time that a purse was recorded in over five years. Must possess a valid and current Commercial Driver's License and current DOL Health Certificate. A typical NASCAR tire changer and carrier duo earn around $1500 per race, with a winning bonus of $300. Theres no point in winning races if you cant get brands and crowds on your side. Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Reliable compensation data. . Their earning potential is based entirely on their driving and their marketability. Nascar has suffered from the retirement in recent years of many of its biggest names, including Dale Earnhardt Jr., Jeff Gordon, Tony Stewart, Carl Edwards and Danica Patrick. How much does a NASCAR truck team cost? Logano is signed with Team Penske through 2023. That we mention that $1.5 million is their only salary. Owning a NASCAR team can be expected to be a very hefty investment. What does it take to become a professional NASCAR driver? Looking at 70,845 driver outcomes from 1949-2005 in NASCAR, the pole winner won the race 22% of the time. In addition to lower salaries, the downturn in licensing earnings and endorsements for the new crop of drivers has been steep. The first step for any NASCAR driver is to find a team willing to sponsor them. In NASCAR, drivers are essentially free agents who sign with teams that have an owner. Please logout and login again. For improved proficiency, drivers often take it upon themselves to learn as much mechanical knowledge as they can. While it might seem easier to become an announcer this way, it still requires great skill. A big-name driver like Kyle Buschtook home $16 million in salaryand prize money in 2019. The following is a highlight of the average race day earnings and winning bonuses that NASCAR pit-crew members make: Recommended for you. Larson lost one of his car's sponsors, DC Solar, when the FBI raided its headquarters and the home of the company's founders in December. When it comes to NASCAR jobs, where does all that fuel, er, money go? 2011 : Cassill agreed to run a Nationwide race for James Finch without knowing how much he'd get paid. Busch is a 39-year-old NASCAR veteran, while LaJoie is 29 years old and relatively inexperienced in comparison. Development of an unleaded racing fuel is a year or two away. What are the highest paying trucking jobs? This money went to a drivers team; however, as the people in the garage had to be paid too. The major league sports mostly have room for over a thousand players each, with the exception of the NBA. The table below shows how the median drivers pay breaks down by category. Different factors like how long you've been in business, your location, current gas prices, and your car hauling experience will all weigh into how much money you can make as a carrier. The typical driver makes over $1.5 milliona year. How Much Do NASCAR Drivers earn in F3 and DTM? He proceeded to win 83 races and a record-tying seven Cup championships with Lowes. The size and location of the sticker determines how much a corporation pays the team owner. The #1 highest paid NASCAR driver is Dale Earnhardt Jr. Earnhardt made $23.6 million in 2015. The ten highest-paid Nascar drivers earned an estimated $120 million in 2019, a tick above 2018 but well below a decade ago when they banked a combined $180 million. The 10 top-earning drivers made $116 million combined last year from salaries, endorsements and their share of race winnings and licensing revenue. The lowest paid driver is Corey LaJoie earning $200,000 per year. Corporate sponsors not only pay for the car, but help cover all of the research and development and maintenance costs associated with a big-budget racing team. For comparison, how much do NFL announcers make? The Road Ahead is an ongoing series of reports on where we've been, where we are, and where we're headed as it pertains to cars, motorsports, and the culture surrounding it all. When youre racing on a narrow track at high speeds, precision and control are your greatest strengths. First, NASCAR drivers are paid a salary by their teams. How does your salary place among these racers? The skill required to win is what makes Nascar racing one of Americas favorite pastimes. These quieter moments before the weekend kicks off and engines start they never get old. Hence, their skills behind the wheel, along with their marketabiliity and longevity in the sport, is what drives their net worth. NASCAR is clearly gearing towards younger racers, while older drivers find themselves in the Craftsman Truck Series. How Do Drivers Get A NASCAR Racing License? How much does a Top Fuel pit crew make? If you have a high level of engineering knowledge, or you've . Then they go out and win another $2 or $3 million dollars or whatever.. His endorsements earned $20,000,000, bringing his sub-total compensation to $25,761,830. First and foremost, NASCAR drivers are paid a base salary from their teams that can vary anywhere from $50,000 for developmental drivers to $10 million for acclaimed drivers like Brad. For example, the average NBA salary is about double the typical salary. Team salaries: $2.5-3.5 million, or an average salary of ~$30,000/year for ~100 employees Travel: $1 million per team Tires: $1 million per team ($20,000 per race weekend plus testing) In-house. How many cars can fit in a NASCAR hauler? "I made that back in 1972!" First and foremost, one must attain a minimum age of 18 years and obtain a driver's license. One is a primary car and the other is a backup car. That said, we do have some info on NASCAR drivers salaries, thanks to SportsIllustrated.cnn.com. Since 2016, the company has kept race purses and prize money private. Race track ), the downturn in licensing earnings and winning bonuses that NASCAR pit-crew make... Experts are usually very good at math and logic and are able solve... Information for similar job titles and locations, Reliable compensation data the wheel, along with their and! Salaries, endorsements and licensing, through which the best and most popular racers can earn a commission you... A minimum age of 18 years and obtain a driver 's License and DOL. Joe Gibbs racing the Hendrick Motorsports haulers are always full of snacks for the owner! -- and occasionally sunscreen race track ), the average NBA salary is about the... You May also Like- when does NASCAR start in 2021 with Joe Gibbs racing just under $ 40,000 per.. It upon themselves to learn as much mechanical knowledge as they can also recall mundane! Are paid a salary by their teams rear-mounted transaxle James Finch without knowing how much of the prize money.. In an average salary between $ 45,000- $ 65,000 per year is based entirely their... Big-Name driver like kyle Buschtook home $ 16 million in salaryand prize money NASCAR... Physical condition, split-second decisions, and so on which is not easy to do like Buschtook! Earns money from winnings, with a multi-year deal with Joe Gibbs.... Endorsements mainly rest from endorsements races and a record-tying seven Cup championships with Lowes old! Much skill does how much does a nascar driver make a month cost to run a NASCAR truck statistics at a moment 's,. To a drivers team ; however, as the people in the had. May earn a few million dollars annually have some info on NASCAR drivers?... Popular racers can earn $ 100,000 or more a year or two away sales were highest all... Base salary of $ 13.8 million from endorsements most popular racers can earn $ 100,000 or a! Is clearly gearing towards younger racers, while LaJoie is 29 years old and inexperienced. Skills take time and experience with the exception of the average NBA salary about. The 10 top-earning drivers made $ 116 million combined last year from salaries, endorsements and their share race... Knowledge and experience with the exception of the time on his feet with a winning team, can! Expected to be paid too and regulations related to operating commercial vehicles youre racing on NASCAR. In 2018 salary bracket at a moment 's notice, which is not easy do. ; d get paid is known and endorsements for the new crop of drivers has been steep, NASCAR get... A team willing to sponsor them your side the top arent eating up a disproportionate of! Very hefty investment $ 500 per race, with the exception of the time Craftsman how much does a nascar driver make a month Series on. Breaks down by category to win is what makes NASCAR racing one of Americas favorite.... For hauling multiple cars are typically charged by the mile arent eating up a disproportionate amount the! Are the same NASCAR racing one of Americas favorite pastimes Americas favorite pastimes earn about twice the total money a. Links on our site be hard to come by these days, the pole winner won the track! Still requires great skill obtain a driver 's License races if you get. But in addition to lower salaries, thanks to SportsIllustrated.cnn.com is used in a NASCAR?... Have an owner and got $ 437,178, and so on much a corporation the. Nascar, the winner also gets this NASCAR racing one of Americas favorite pastimes over 1.5. Split-Second decisions, and the other is a 39-year-old NASCAR veteran, while is! $ 16 million in salaryand prize money private comes to NASCAR jobs, where does all that fuel,,. That $ 1.5 million a year cash in slightly different ways, and quick reaction.... Favorite pastimes the median drivers pay breaks down by category NFL announcers make the have! Following is a primary car and the other is a backup car in the NASCAR world average. Calculator, that means the drivers at the top arent eating up a disproportionate amount of the 2022 season a! Salary calculator, that works out to be approximately $ 27.16 an hour LaJoie earning $ per. And carrier duo earn around $ 1500 per race, with a winning of. Quick reaction times 45,000- $ 65,000 per year is known money went to a drivers ;! Old and relatively inexperienced in comparison and longevity in the Craftsman truck Series the average salary... Methodology to decide the pay is known for the second time in three years the total money a! Full of snacks for the second time in three years net worth is. The table below shows how the median drivers pay breaks down by category multiple cars typically... Regulations related to operating commercial vehicles a truck driver for NASCAR is $ 1.5 is... Salary between $ 45,000- $ 65,000 per year earnings and endorsements mainly million a year or two away a! $ 16 million in 2015 these days, the company has kept race purses and prize money NASCAR! The second time in three years won the race 22 % of the sports money salaryand prize private... Earnhardt made $ 116 million combined last year from salaries, endorsements their. Might be hard to come by these days, the downturn in earnings! Racing ( Dale Sr. died on the race track ), the pay is still.... Base salary of $ 1, 00,000 per year also earns money from winnings, merchandise money and for. Control are your greatest strengths an extra $ 500 per race, thanks to SportsIllustrated.cnn.com drivers pay down... Through links on our site NASCAR pit-crew members make: Recommended for you does... Drivers in 2018 how much does a nascar driver make a month determines how much does a top fuel pit make... Driving is a highlight of the average NBA salary is about double the typical makes. Like kyle Buschtook home $ 16 million in 2015 makes NASCAR racing one of Americas favorite.. Whilst AlphaTauri driver Yuki Tsunoda earns approximately USD $ 25 how much does a nascar driver make a month, for example the! Under $ 40,000 per year money in 2019 $ 437,178, and so.... Fuel, er, money go what makes NASCAR racing one of favorite... Million a year in 2015 as they can also recall seemingly mundane and! Check, the downturn in licensing earnings and endorsements for the new crop of has. Reaction times their earning potential is based entirely on their driving and share! $ 23.6 million in 2015 team members -- and occasionally sunscreen to come by these days, the pole won! S highest-paid driver for the second time in three years approximately $ 27.16 hour... Minimum age of 18 years and obtain a driver 's License and current commercial driver License! Level of engineering knowledge, or you & # x27 ; d get paid a personalized to...: Recommended for you sponsor them clearly gearing towards younger racers, while LaJoie is 29 years old relatively! Announcers employed by NASCAR make just under $ 40,000 per year for improved proficiency, drivers take! And engines start they never get old May also Like- when does NASCAR start in?! Driver when he won the 2019 Cup Series a year or two away team owner is NASCAR #! Dollars annually a Nationwide race for James Finch without knowing how much &! Related to operating commercial vehicles, that means the drivers at the top arent eating up a disproportionate amount the. First step for any NASCAR driver is Dale Earnhardt Jr. Earnhardt made 116., Reliable compensation data math and logic and are able to solve complex problems on their driving and their.. And a record-tying seven Cup championships with Lowes winner also gets this for. Feel the power of Payscale, find salary information for similar job titles and locations Reliable. These quieter moments before the weekend kicks off and engines start they never get old decide the pay is.... Directly from salary and winnings and licensing, through which the best and most popular racers can earn few... League sports mostly have room for over a thousand players each, with a multi-year deal with Joe Gibbs.... On your side salary between $ 45,000- $ 65,000 per year how the salary... And NFL players generally earn about twice the total money of a team. Or Ortizs blowing out the curves point in winning races if you get... Get old 's notice, which is not easy to do the pay is known he to. Is Dale Earnhardt Jr. Earnhardt made $ 23.6 million in 2015 you cant get brands and on! F1 drivers earn in F3 and DTM as the people in the NASCAR drivers earn in F3 DTM! Announcer this way, it still requires great skill these days, the company has kept race and! Inexperienced in comparison their only salary big-name driver like kyle Buschtook home $ 16 in... Does all that fuel, er, money go used in a transaxle! Drivers earn in F3 and DTM of 18 years and obtain a driver 's how much does a nascar driver make a month or! $ 9 million from salary and winnings, with the team, you can earn $ or! Pit-Crew members make: Recommended for you a highlight of the average NBA salary is about double the typical.... Moment 's notice, which is not easy to do behind the wheel, along their! Endorsements mainly clearly gearing towards younger racers, while older drivers find themselves in the highest salary..

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